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masya89 [10]
3 years ago
10

As the number of firms in an oligopoly increases, a. the total quantity of output produced by firms in the market gets closer to

the socially efficient quantity. b. the oligopoly has more market power and firms earn a greater profit. c. the output effect decreases. d. each seller becomes more concerned about its impact on the market price
Business
1 answer:
Aleksandr [31]3 years ago
4 0

Answer:

A is the correct answer.

Explanation:

Oligopoly is the market form in which a small number of large sellers dominate. It results in the reduction of the competition and leads to higher prices for consumers. they have their market structure. In oligopoly each firm stays aware of others,  hence their decisions influence others and vice versa. The developed economies are dominated by Oligopolies. For example, if the total market share of the American telecom companies (Verizon wireless, AT and T and T mobile ) is combined, it comes out to be more than ninety percent.

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Tamarisk, Inc. started the year with total assets of $310000 and total liabilities of $250000. During the year the business reco
alekssr [168]

Answer:

$301,000

Explanation:

The accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity. This may be expressed mathematically as

Assets = Liabilities + Equity

Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.

Hence,

$310,000 = Equity + $250,000

Equity = $310,000 - $250,000

= $60,000

The net income is the difference between the total sales and total expenses

= $626,000 - $325,000

= $301,000

3 0
3 years ago
The following items would be classified as operating activities on the statement of cash flows:
nekit [7.7K]

Answer:

The correct answer is letter "D": Delivering or producing goods for sale, services, and cash effects of transactions.

Explanation:

Operating Activities are the regular income-generating activities of a business unit. They relate to business operations such as sales and manufacturing in a corporation and they generate much of the cash flow that determines if the business is profitable.

<em>Purchasing materials from suppliers, paying the delivery of those materials, arranging transportation from those warehouses, paying employees, managers, taxes, and rent are examples of operating activities. Other cash income proceeding from lawsuits, refunds, or sales transactions are also considered operating activities.  </em>

Operating activities along with the company's investing and financing activities are included in the Statements of Cash Flows.

4 0
4 years ago
Spending, saving, and investing to have the kind of life you want and financial security can be achieved by
melomori [17]

Answer:

Personal financial planning

Explanation:

If you plan out how you will spend, save, and invest your money, you can get to many places in live.

5 0
3 years ago
Read 2 more answers
Jenny's bakery makes two types of birthday cakes: yellow cake, which sells for $25, and strawberry cake, which sells for $35. Bo
Marina86 [1]

Answer: Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.

Explanation:

x- Number of Yellow cakes

y- Number of Strawberry cakes

Time constrain is given by

2x+3y\leq 450

x\geq 0

y\geq 0

Revenue is given by,

TR= 25x + 35y

At the vertices, revenue is

At (0,0)

TR = $0

At (0,150)

TR = 25(0) + 35(150) = $5,250

At (225,0)

TR = 25(225) + 35(0) = $5,625

Therefore, Revenue is maximum at x=25 and y=0. That is when the firm makes only yellow cakes and no strawberry cakes.

4 0
4 years ago
In which phase of the job search cycle will you write a thank-you letter to the company following your interview?
ikadub [295]

Answer:

c. Shine at Interviews

Explanation:

We write a thank-you letter to the company after shine at Interviews in order to follow up

6 0
4 years ago
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